New Report Details Costs & Availability of Supplemental Health Insurance Products Available at eHealth
The full Supplemental Health Insurance Products Inventory Report is available for download at the eHealth Media Center.
The first-ever nationwide open enrollment period under the Affordable Care Act (ACA) ended
Persons who have not experienced qualifying life events but who want some form of coverage outside of open enrollment may wish to consider supplemental forms of coverage such as short-term health insurance, fixed-benefit indemnity medical insurance, critical illness insurance or accident insurance. Each of these products works in different ways to help consumers mitigate the costs associated with their medical care. However, consumers who purchase these products in place of major medical health insurance may still face tax penalties as defined by the ACA.
For its new study, eHealth analyzed supplemental insurance products available for enrollment at eHealthInsurance.com in 23 cities across
In total, 1,684 supplemental insurance plans were reviewed. Not all plan types were available in all cities.
Report Highlights and eHealth Inventory
Across the cities* surveyed in eHealth's analysis, the company reports the following average monthly premiums:
- Accident insurance:
$26.46 - Critical illness insurance:
$23.01 - Short-term health insurance:
$111.38 - Fixed indemnity health insurance:
$112.98
eHealth reports that a total of 202 accident insurance plans were available nationwide through eHealth at the time the analysis was conducted. A total of 203 critical illness plans were available. A total of 48 fixed-benefit indemnity plans and 1,262 short-term health insurance plans were also available through eHealth at the time the analysis was completed. The availability of these and other health insurance products through eHealth is subject to change.
The full report provides average monthly premiums and lowest-available monthly premiums as well as the total inventory of supplemental plans available through eHealth in each of the 23 cities included in the survey. The report also provides a table summarizing the benefits provided through each of the supplemental insurance product types reviewed, in order to help consumers determine which forms of supplemental coverage may best suit their individual needs.
eHealth Uninsured Options Tool
In addition to its report on supplemental forms of coverage, eHealth also released a widget available for download through the company's ACA Resource Center. The "Uninsured Options" tool is a helpful pricing tool designed to introduce consumers to some of the major medical and supplemental forms of coverage that may be available to them outside of an ACA open enrollment period, both with and without a qualifying life event.
Notes:
* With the following exceptions: critical illness insurance was not available through eHealth in
About eHealth
For more health insurance news and information, visit the eHealth consumer blog: Get Smart - Get Covered or visit eHealth's Affordable Care Act Resource Center at www.eHealth.com/affordable-care-act.
For media inquiries, please contact:
(916) 207-7674
sande.drew@ehealth.com
(650) 210-3149
brian.mast@ehealth.com
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